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Re: dbernet post# 104086

Saturday, 08/11/2007 6:02:52 PM

Saturday, August 11, 2007 6:02:52 PM

Post# of 361450
dbernet.... cost oil ?? profit oil ?? Who cares, that won't make any difference to 90% of the posters on this board. when reserves are proven, the share price should be around $10 to $15 a share given the estimates from WesternGeco and other 3D siesmic companies, we will have PSA on the blocks in the STPEEZ, and blks 5 & 6, more cash in the bank...... I will ge gone, as will many others here for sure.
As to the "investigation" every company in the GoG has an active FCPA investigation in progress, XOM,CVX, Shell....you don't have to be a legal whiz to know if you are doing business in Africa you have paid a bribe to someone. The only question is "can they prove it"